1205 Lincoln Avenue, Pacific Grove, California 93950, Pacific Grove, 93950 - 2 bed, 2 bath
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1205 Lincoln Avenue
Pacific Grove, California 93950
ACTIVE
CONDITION: FAIR
2Beds
2Baths
1,191Sq Ft
4,279Lot Size
Property Price
LIST PRICE$1,195,000
EST. MARKET VALUE
$1,295,311
7% BelowMARKET VALUE
SUMMARY
This Single Family Residence represents a Strong Value Opportunity, listed at $1,195,000—positioned well below the $1,295,311 Fair Market Value by 7%. This valuation gap provides $100,311 in Instant Equity. Featuring a Condition Rating of 4, the home offers a charming, light-filled layout with Ocean Views and Vaulted Ceilings, while remaining within the top-tier Pacific Grove Unified School District. This property is an ideal acquisition for Owner-Occupants seeking a coastal lifestyle or first-time buyers looking to build long-term wealth.
Estimated Market Value
$1,295,311+$100,311 Equity Potential
Based on Realkey algorithm analyzing recent comparable sales in Pacific Grove.
Comparable Sales Map
Comparables within 1 miles sold in recently
Map unavailable.
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1205 Lincoln Avenue Subject 2 bd · 2 ba · 1,191 sqft · $1,088 | $1,195,000* List Price | 2 | 2 | 1,191 | $1,088 | - |
A 1227 Shafter Avenue Sold 3 bd · 2 ba · 1,000 sqft · $860 · 0.2 mi | $860,000 | 3 | 2 | 1,000 | $860 | 0.2 mi |
B 1104 Austin Avenue Active 4 bd · 2 ba · 1,541 sqft · $843 · 0.3 mi | $1,299,000 List Price | 4 | 2 | 1,541 | $843 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Fair
TeardownExcellent
Property is moderate renovation needed.
Built in 1987 (37 years old), the home is well-maintained but largely dated. The kitchen features original oak cabinetry and tile countertops exceeding the 20-year threshold. While one bathroom has been updated with modern tile and fixtures, and the systems include a newer tankless water heater, the overall age and dated primary living areas require updates to meet modern standards.
PROSSTRENGTHS & OPPORTUNITIES
- Great Schools
High School: Pacific Grove High School (9/10).
- Architectural Charm & Natural Light
The home features beautiful vaulted ceilings, high-quality wood craftsmanship, and strategically placed skylights that maximize natural sunshine throughout the living spaces.
- Ocean Views
Situated in a prime Pacific Grove location, the property offers desirable ocean views, significantly enhancing its coastal appeal and long-term investment value.
CONSRISKS & DEFICIENCIES
- MLS Listing Discrepancy
Living area discrepancy between mls listing and other public or private record. mls listing living area = 1191, other record living area = 1104.
- Compact Living Area
With only 1,191 square feet of living space, the home may feel restrictive for families or those requiring a home office or additional guest rooms.
- Limited Parking & Storage
The property includes only a one-car garage, which may be insufficient for multi-vehicle households or those needing significant storage space.
About 1205 Lincoln Avenue
This house possesses a wonderful, calming presence. It is situated up and back a little from the street and through its windows and skylights it pulls in all the sunshine there is! The welcoming front porch and entry introduce you to something special. Beautiful vaulted ceilings, friendly colorful kitchen tiles, high quality wood trim and craftsmanship make this home a complete charmer! Outside - the decks and yard areas are equally compelling. It includes a nice sized 1 car garage. If you are looking for a home in Pacific Grove, please come and experience this one.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1987
- Lot Size
- 4,279 Sq. Ft.
Interior
- Total Bedrooms
- 2
- Total Bathrooms
- 2 (2 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Pacific Grove Unified Schools
Forest Grove Elementary School
Grades K-5 • 0.6 mi
6/10
Monte Vista
Grades K-5 • 1.7 mi
5/10
Pacific Grove Middle School
Grades 6-8 • 1.1 mi
8/10
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 2.6 |
| Baths | 2.0 | 2.0 |
| Square foot | 1,191 | 1,342.844 |
| Lot Size | 4,279 | 4,470.75 |
| Price | $1.20M | $1.42M |
| Price per sq ft | $1.0K | $1.2K |
| Built year | 1987 | 1932 |
| HOA | $0 | $0 |
| Days on market | 16 | 62 |
Pricing History
Listed for Sale
Oct 8, 2026
$1,195,000
Initial Listing
Sold
Jun 2, 2014
$517,500
Public Record
Sold
Oct 25, 2001
$2,000
Public Record
Sold
Sep 24, 1999
$310,000
Public Record